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A prevalent example of a Limited Liability Partnership (LLP) is a professional service firm, such as a law or accounting firm. In an LLP, partners share profits and liabilities while enjoying limited personal liability, protecting their assets from the firm's obligations. Limited Liability Partnership (LLP): Meaning, Full Form, Features Bajaj Finserv https://.bajajfinserv.in › limited-liability-partnership Bajaj Finserv https://.bajajfinserv.in › limited-liability-partnership
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